property developer
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property developer
A company or person that commercially acquires plots of land, develops them (e.g. with residential buildings), and then sells the finished properties. The property developer takes care of the entire process from planning to sale.
Wir haben unsere Wohnung direkt vom Bauträger gekauft, noch bevor sie fertiggestellt war.
We bought our apartment directly from the property developer before it was even completed.
'Bauträger' (property developer) is made up of 'Bau' (construction, from bauen 'to build') and 'Träger' (carrier/bearer). Here, the 'Träger' is the person or company that 'carries' the full responsibility and costs for a construction project.
Der Bauträger ist für die Einhaltung aller Vorschriften verantwortlich.
The property developer is responsible for complying with all regulations.
A 'Bauträger' (property developer) is more than just a construction company. They plan the project, finance it, and sell the finished properties. So they are both organizer and seller in one.
Der Bauträger präsentierte den potenziellen Käufern die Pläne für das neue Wohnhaus.
The property developer presented the plans for the new residential building to the potential buyers.
You often buy a property 'vom Bauträger' (from the property developer). You can also 'einen Bauträger beauftragen' (commission a property developer). Important adjectives are 'seriös' (reputable) or 'zuverlässig' (reliable).
Vor dem Kauf sollten Sie die Referenzen des Bauträgers prüfen.
Before buying, you should check the property developer's references.
developer
'der Entwickler' and 'der Bauträger' can seem similar in the real estate field. Both can have to do with plots of land, construction projects, and the sale of properties. 'Entwickler' is more general here and often means a real estate developer who plans and economically develops a project. 'Bauträger' is more precise: they buy or own a plot of land, have buildings constructed on it, and sell the finished apartments or houses. The words can be confused because both appear in construction projects. For the whole process from the plot of land to the sale, 'Bauträger' is usually more precise.
Der Bauträger verkauft die Wohnungen schon, obwohl das Haus noch gebaut wird.
The property developer is selling the apartments even though the building is still under construction.
Der Entwickler plant auf dem alten Fabrikgelände ein neues Wohnviertel.
The developer is planning a new residential district on the old factory site.